Hot Topics

Enduro Royalty Trust About To Put More Money In Your Pocket (NDRO)

Looking at the universe of stocks we cover at Dividend Channel, on 10/29/13, Enduro Royalty Trust will trade ex-dividend, for its monthly dividend of $0.1512, payable on 11/15/13. As a percentage of NDRO's recent stock price of $13.11, this dividend works out to approximately 1.15%, so look for shares of Enduro Royalty Trust to trade 1.15% lower — all else being equal — when NDRO shares open for trading on 10/29/13.

Looking at the universe of stocks we cover at Dividend Channel, on 10/29/13, Enduro Royalty Trust ( NDRO) will trade ex-dividend, for its monthly dividend of $0.1512, payable on 11/15/13. As a percentage of NDRO's recent stock price of $13.11, this dividend works out to approximately 1.15%, so look for shares of Enduro Royalty Trust to trade 1.15% lower — all else being equal — when NDRO shares open for trading on 10/29/13.

Below is a dividend history chart for NDRO, showing historical dividends prior to the most recent $0.1512 declared by Enduro Royalty Trust:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NDRO is likely to continue, and whether the current estimated yield of 13.84% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NDRO shares, versus its 200 day moving average:

Looking at the chart above, NDRO's low point in its 52 week range is $11.80 per share, with $19.45 as the 52 week high point — that compares with a last trade of $13.06.

In Friday trading, Enduro Royalty Trust shares are currently down about 0.1% on the day.